They convicted Bernard von Nothaus and labeled him a ‘domestic terrorist’ for the grievous crime of minting silver coins.

They’ve thrown one set of regulations after another at foreign businesses, from Dodd-Frank to FATCA, arrogantly demanding that everyone in the world comply with US law.

As a banker friend of mine in Hong Kong once told me, “We are shit scared of the IRS.”

Their tactics are obviously working. And some firms are coping with this by simply eliminating their US customers altogether.

About six months ago, Sovereign Man first reported that Via Mat had dumped its US customers with a rather perfunctory ‘Dear John’ letter.

This was a big deal– a proverbial ‘canary in the coal mine’ moment. Via Mat has been in secure logistics business for a long time, and they have an extensive history providing vault services to house customers’ precious metals holdings.

That all went away in February.

Now another firm, Pro Aurum, has done the same.

Pro Aurum is another European firm with ultra-secure vault facilities across Switzerland, Canada, and Germany. And like Viamat, they recently decided to get rid of their US customers in order to avoid the regulatory hassle.

It’s ridiculous when you think about it. Pro Aurum barely has any US exposure at all. Yet they’re terrified of a bunch of desk-driving, paper-pushing tax bureaucrats in Washington.

This is really just another form of capital controls.

Rather than restricting Americans’ capacity to move funds abroad, they’ve simply created an environment so threatening and cumbersome that few firms are willing to do business with US customers.

It’s as if people’s savings will be stuck in the United States by default, simply because there are so few options available.

Now they have their eyes set on Bitcoin.

Earlier this week, a judge in Texas ruled in a fraud lawsuit that Bitcoin could be considered a ‘currency’. And almost immediately, the US government and New York Attorney General’s office announced comprehensive investigations into Bitcoin.

Of course, it’s all about terrorism, money laundering, and drug dealers. They have to investigate Bitcoin in order to ‘keep Americans safe.’

I’m not here to defend Bitcoin… or even make the obvious case for precious metals. What I want to point out is that everyone has a decision to make.

Every single piece of paper currency you own represents a promise that your government has made. It might say “In God We Trust”, but it might as well say Bernanke and Obama.

They’ve promised to be responsible financial stewards, and to conduct themselves in a way that preserves the purchasing power of your savings.

You either trust them to deliver on that promise, or you don’t.

If you don’t, it’s imperative to seek alternative stores of value. And quickly. Because as the capital controls transition from being subtle to undeniable, there will be fewer and fewer options available.

In last month’s issue of Sovereign Man: Confidential our Chief Investment Strategist, Tim Staermose, uncovered 5 junior mining companies in Australia that have plenty of cash in the bank, and whose stocks are selling at a sharp discount to their net balance. Essentially you’re paying cents on the dollar for these companies, while their operations and assets are thrown in for free.

This month’s massive issue of SMC includes:

A complete breakdown and step-by-step guidance on how to establish residency in Chile under the ‘person of means’ immigration program, along with necessary document templates and Simon Black’s personal contacts in the country to help you go through it successfully.

The requirements are extremely low, but it most likely won’t stay that way for a long time. Chile is becoming an increasingly popular place, favored by people from all over the world for its business climate, agriculture potential and a great standard of living.

Learn about water as a unique investment opportunity. The fundamentals are clear– there’s a fixed supply of it on Earth, yet demand for it is increasing due to rapid population growth and agricultural needs.

There are not many ways of how you can benefit from this trend. Water is highly localized, difficult to transport, and places with clear water rights are rare. Yet we uncover how you can invest in water as well– this is another SMC exclusive deal, not found anywhere else.

Hear from Tim Staermose from the South Pacific where he takes you on a boots on the ground tour of an ultimate tax haven that hardly anyone has ever heard of.

We’re reviewing banking in Norway as an excellent alternative to keeping your money in undercapitalized banks in bankrupt jurisdictions. Best of all– you can do it without leaving home.

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